Tag Archives: European banks

Glazyev: Russia Girds for War Economy, Needs a “Sovereign Monetary System for Progress in Science & Technology”

Sergei Glazyev, one of Russia’s foremost economists who is also currently a top adviser to Russian President Vladimir Putin, told Bloomberg yesterday that Russia will respond to the escalating sanctions and economic warfare from the U.S. and Europe by strengthening … Continue reading

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World Braces for Next Financial “Storm”; Bail-in Bonds sold to Consumers

An unnamed official at India’s central bank, the Reserve Bank of India, told Reuters that the country fully expected to be hit again by capital flight and chaos in the international financial markets, as had happened a few years ago. … Continue reading

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European Parliament Votes Big Quantitative Stealing (Bail-In Regime)

With a vote in the European Parliament two days ago, the final seal has been put to the bail-in legislation and the Bank Resolution Mechanism for the European Union. Now the legal text must be put into practice, and it … Continue reading

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S&P Confirms LaRouche Warnings on Bail-in Doom of System

Standard and Poors warned all major European banks Wednesday that they can expect to have their bond ratings downgraded as the result of the European Union decision to go for a bail-in policy under the new Single Resolution Mechanism. Fitch … Continue reading

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No Lending With Fed Hyperinflation Policy

The latest Federal Reserve data again show the enormity of the speculative money-printing policy the central bank is carrying out, robbing the economy of lending at the same time. Excess cash reserve balances at banks in the Federal Reserve system … Continue reading

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“US Must Call in the Unpayable Debts of London and Continental European Banks”

The British Empire’s financial oligarchy, whose Troika agents are despised in Ireland, have signaled their plans to sink the U.S.  The vile, rabidly rapacious banksters, known to us as JP Morgan and BIS, have declared explicitly, on behalf of their … Continue reading

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